$1,395,000 Last Listed Price
●
House -
Off Market
18042 County Road 127
Pearland, TX 77581
3 Beds
5 Baths,
2
Half Baths
3,818 Ft²
$1,450,854
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
With an ideal location, just 30 minutes to the ocean and 30 minutes
to Downtown Houston, 18042 CR 127 has the perfect latitude and
longitude for those looking to escape the hustle and bustle of the
city. Sitting on just under 5 acres of land, this
magnificent property has been spectacularly updated and elegantly
transformed into a truly modern statement of luxury. Built for
entertainment, the fenced backyard offers complete privacy with a
sparkling pool & spa, an expansive covered terrace and dining area
with an incredible pool cabana. Another phenomenal amenity is
the 5,000sf barndominium with separate guest quarters. The
massive, insulated steel building is ideal for housing multiple
RVs, a workshop and can accommodate dozens of vehicles. With
the main home (2,668sf), cabana house (550sf) and quarters in the
barndominium (600sf), these three separate structures, which have a
total of 3,818 square feet are perfectly positioned to become your
family's forever home or weekend getaway.
Unit Size
3,818 Ft²
Days on Market
-
Land Size
4.77 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #32589012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,395,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
With an ideal location, just 30 minutes to the ocean and 30 minutes to Downtown Houston, 18042 CR 127 has the perfect latitude and longitude for those looking to escape the hustle and bustle of the city. Sitting on just under 5 acres of land, this magnificent property has been spectacularly updated and elegantly transformed into a truly modern statement of luxury. Built for entertainment, the fenced backyard offers complete privacy with a sparkling pool & spa, an expansive covered terrace and dining area with an incredible pool cabana. Another phenomenal amenity is the 5,000sf barndominium with separate guest quarters. The massive, insulated steel building is ideal for housing multiple RVs, a workshop and can accommodate dozens of vehicles. With the main home (2,668sf), cabana house (550sf) and quarters in the barndominium (600sf), these three separate structures, which have a total of 3,818 square feet are perfectly positioned to become your family's forever home or weekend getaway.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pearland
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Listed by: Jason Lee Villarreal, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 32589012
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Last Updated: 4 months ago
Data Source: HAR , MLS# 32589012
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